The Swiss franc (CHF)

USDCHF struggles for direction The US dollar (USD) slipped as CPI data crept higher, which could cause the Fed a headache at their next meeting. A move above the daily resistance of 0.8850 kept the bullish momentum going, putting…
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UK 100 (FTSE) continues higher The UK 100 (FTSE) continued to progress ahead of upcoming GDP data. The bounce to the recent high at 8370 has met stiff selling pressure as previously trapped buyers exited the market with minimal losses.…
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US 30 breaks critical resistance The Dow soared to another peak, achieving record highs as the US economy remained hopeful of a soft landing. By breaking above last month’s ceiling of 44000, the index has more than recouped the losses…
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GBPUSD remains pressured Cable price saw a small advance come to a halt after failing to move past the 1.2600 area. The Cable price is treading above 1.2500, and is looking for some firm support. 1.2580 is the key obstacle to lift before…
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The NZDUSD struggles to stabilise The NZDUSD ticked lower as price action fell away from the 0.6000 level. A fall below 0.5920 has renewed the bearish pressure and put those who bought the latest bounce on the defensive. With prices…
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USDCHF breaks resistance The Dollar rallied after Donald Trump’s victory reached 270 electoral votes to declare him the next US President. The pair broke above the 0.8700 resistance level from the base of a recent bullish breakout. A…
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XAUUSD aiming higher Gold kept in the game after avoiding a move below the psychological level of 2700. The price of gold so far has found a foothold at 2740. A bullish RSI divergence shows that the sell-off has eased. 2770 is the…
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XAUUSD breaks the barrier Bullion moves higher as escalating global tensions drove traders to the safe haven. The precious metal is slowly grinding a layer of resistance levels between 2615 and 2625. The sell side has become more…
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XAGUSD spikes higher The silver rally continued after the Fed’s decision, pushing prices to a fresh high., as Silver moved to a fresh high. The precious metal has recouped most of the losses from the recent sell-off. The peak of 31.50 is…
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Kiwi New Zealand (NZDUSD) attempts to lift The Kiwi New Zealand attempted to stop the freefall after dropping over 100-pips since the beginning of the month. The pair is trying to stabilise above 0.6100 and a bullish RSI divergence…
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